Homes for sale - 189 E State Highway 3, Vernon, IN 47282

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Melanie Balog

melanie@balogrealty.com +1(317) 490-1383

Listed by Daniel Smith • F.C. Tucker Real Estate Experts

$ 284,900

Est. payment | -/mo

4,531 SqFt

Save

$ 284,900

Est. payment | -/mo

Save

4,531 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,531 sqft

Price per Sqft $62

MLS Listing ID 22044490

Year Built 1900

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Retail

Property Description

Unlock a rare opportunity with this versatile mixed use commercial property offering four separate rental units all under one roof! Whether you're an investor seeking income generating potential or an owner occupant looking to live and work in the same space, this property has you covered. The main level features two retail storefronts, each with their own private entrances and individual bathrooms. These units are ideal for small businesses, boutiques, salons, or office use, making them highly attractive to prospective tenants or entrepreneurs looking for a prime location. Behind the building, you'll find a spacious garage with a rear overhead door and dedicated loading bay, perfect for storage, inventory handling, or light industrial use. This area provides valuable flexibility for commercial operations or can serve as additional income producing space. Upstairs, a generous residential apartment offers two large bedrooms plus a third bonus room that can serve as a bedroom, office, or flex space. This unit also includes a full kitchen, bathroom, and private access, making it a perfect living situation for an owner, property manager, or long term tenant. Recent upgrades bring peace of mind and added value: new HVAC systems, fresh paint inside and out, updated siding, roof repairs, and new drywall work throughout. These improvements make the property move in ready while saving the next owner both time and money. Whether you're looking to live upstairs and lease out the commercial units below or add a fully leased building to your investment portfolio, this property offers multiple income streams and flexible usage options. Properties with this level of functionality and potential are rare, so don't miss your chance. Call today to schedule your private showing and explore the possibilities this dynamic building has to offer!

Location

State IN

County Jennings

Zoning Retail

Interior

Heating Forced Air, Natural Gas

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Sep Electric Meter, Sewer Connected, Water Connected

View Y/N true

View City, River, Trees/Woods

Roof Type Metal,Rubber

Building

Story 2

New Construction false

Schools

Middle Schools Jennings County Middle School

High Schools Jennings County High School

School District Jennings County School Corporation

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 490-1383

melanie@balogrealty.com

United States

189 E State Highway 3 Vernon, IN 47282